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Paul-Martin Foss

Tags The FedMoney and BanksU.S. Economy

Works Published inMises Daily Article

Paul-Martin Foss is the founder, President, and Executive Director of the Carl Menger Center for the Study of Money and Banking, a think tank dedicated to educating the American people on the importance of sound money and sound banking.

All Works

A Crack in the Central Bankers’ Armor?

Does the Fed have the willpower — or, more importantly, the ability — to swim against the stream by raising rates?
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Bubble Watch: Planes, Trains, and Automobiles (Okay, Just Planes and Ships)

Boeing is cutting production of its 747 in half. Demand that had been expected for the 747-8 freighter, in particular, never materialized.
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Pennies And Nickels: More Expensive To Mint Than To Use


The Federal Reserve's inflationary monetary policy has so eroded the value of US coinage that those small coins aren't even worth producing anymore.

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So Much for "Rules-Based" Policy at the IMF


One of the ways in which the IMF does that is by providing loans to member countries that are experiencing momentary difficulties. One of the IMF's lending rules had been that the Fund would not continue to support countries that failed to repay official creditors (i.e. other governments)....

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The Absurdity of Negative Interest Rates


The European Central Bank (ECB) made waves recently with its decision to lower interest rates on its deposit facility to -0.30%. That means that banks wanting to park their money at the ECB have to pay the ECB for that privilege.

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